FIRST COMMERCIAL BANK OF TAMPA BAY Failed 2011
What happened
FIRST COMMERCIAL BANK OF TAMPA BAY of TAMPA, FL was closed on 2011-06-17. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to STONEGATE BANK (FORT LAUDERDALE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3937
- FDIC Certificate
- 27583
- FDIC FIN
- 10370
- Bank name
- FIRST COMMERCIAL BANK OF TAMPA BAY
- Location
- TAMPA, FL
- Failure date
- 2011-06-17
- FDIC resolution date
- 2011-06-17
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $33M
- Deposits at failure
- $93M
- Assets at failure
- $99M
- Acquiring bank
- STONEGATE BANK (FORT LAUDERDALE, FL)
Other banks STONEGATE BANK acquired in FDIC resolutions